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US stocks recover ground, USD unstoppable

FXStreet (Córdoba) - Equities in the US were recovering part of yesterday's losses while European markets finished mixed. The FTSE 100 rose 0.14%, the Cac 40 gained 0.91% and the Dax lost 0.20% while in Wall Street main indexes were rising, Dow Jones 0.50%, Nasdaq 0.41% and S&P 500 0.36%.

Among currencies, the US dollar was the best performer on Friday and hit fresh highs across the board. EUR/USD dropped further below 1.2700, GBP/USD broke below 1.6270 and USD/JPY approached last week highs. Commodity currencies were falling in the market, extending weekly losses.

Crude oil was rising 0.70%, the barrel rose above $93.00. Gold was losing 0.50% after making a strong reversal at $1,231; the once was hovering around $1,215.

GBP/USD poised for a weekly loss

GBP/USD is trading lower on the day and poised to close the week in negative territory following two consecutive weeks of recovering from the Scottish referendum-induced slump.
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EUR/USD below 1.27 lowest since 2012

EUR/USD is trading at 1.2687, down -0.49% on the day, having posted a daily high at 1.2762 and low at 1.2678.
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